If you earn and spend $2,000 per month and maintain an average cash balance of $500 per month, your velocity of money is
A) $1,250.
B) 2.
C) 4.
D) $1,500.
Ans: C) 4.
Economics
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Which of the following is not included in census income?
a. wages and salaries. b. property income. c. cash welfare benefits. d. in-kind transfers.
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A tax that is designed to be progressive will improve
A. Efficiency. B. Vertical equity. C. Equality. D. Horizontal equity.
Economics